Zelostech ushers in L4 logistics solutions

Zelostech, an innovative Chinese autonomous driving startup, is turbo-charging its overseas push with homegrown advanced Level 4 self-driving technologies, said its top executive in an interview with China Daily.

"We are striving to build an algorithm that can run not just across China but around the world. An algorithm — by deeply understanding and generalizing diverse traffic environments — can learn from Beijing traffic and still handle a rainy day in Singapore, or even a complicated road of Berlin," said Zhuang Li, co-founder of Zelostech.

He made the comments as Zelostech announced completion of nearly $300 million in Series B fundraising earlier this week. Following this round, Zelostech plans to focus on next-generation product development, establishing its own supply chain, expanding domestic and international markets, building urban operational networks, and fostering an industrial ecosystem alliance.